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Global Labour Leaders Seal 31 Agreements To Boost Jobs, Training Opportunities

The Global Labor Market Conference (GLMC), has actually seen the signing of 31 agreements and Memoranda of Understanding (MOU) between numerous entities, intending to provide countless training chances and tasks for the global labor force. This arrangement was signed at the second edition of the GLMC 2025, introduced in Riyadh, Saudi Arabia, by His Excellency Engineer Ahmad Bin Salman Alrajhi, the Minister of Human Resources and Social Development, together with 40 . According to the ministers, these initiatives will concentrate on certifying diverse groups, such as new graduates, women, and people with disabilities, for suitable work through specialised training programs, including development, remotejobscape.com instructional initiatives, leadership preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are currently out of work, and nearly 20 percent of individuals aged 15 to 54 are either utilized or participated in education, galmudugjobs.com institutions, or training programs. Read also: Boost for business owners as IBPLC creates jobs with Hero apprenticeship effort

These stats have also shown that almost 40 percent of companies report troubles in filling vacancies due to a mismatch between labor force abilities and labour market demands, with youth unemployment surpassing 30 percent in some areas globally. Related News
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Highlighting the significance of these agreements, Alrajhi said “These figures highlight the urgent requirement to establish extensive strategies to deal with these common challenges successfully.” “Transforming them into opportunities, eventually we can all interact to ensure the prosperity of our economies, communities, and labor forces.” The minister likewise noted that the contracts concentrate on improving functional effectiveness, cultivating development, and driving value creation in alignment with Saudi Vision 2030. Key entities associated with these contracts consist of the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, Bella Vista Institute of Higher Education, the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see numerous noteworthy partnerships emerged. INSEAD will offer academic services, while partnerships with Space Faculty and ProFun will explore innovation and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programmes focused on management advancement and capacity building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish workforce credentials and training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship advancement. A substantial advancement is the establishment of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity abilities among students and the workforce, among others. Share
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